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About 65 results for "uttam ghosh still"

Buoyant markets help promoters raise funds via stake sale
Rediff.com

Buoyant markets help promoters raise funds via stake sale

Institutional investors led by foreign portfolio investors have bought these shares. Illustration: Uttam Ghosh/Rediff.com Promoters of five companies - Bharti Infratel, Escorts, McLeod Russell India, Relaxo Footwear and Action Construction Company - have sold equity shares worth nearly Rs 4,000 crore through open market transactions in the past three weeks to cut debt in their respective company's books.   According to disclosures made by the companies to the stock exchanges, ... Rediff.com, 4 days ago
Rediff.com

2nd time in FY18 equity MFs monthly inflow crosses Rs 20K

Monthly SIP inflow is Rs 6,000 crore, with a little over 1.75 million accounts Illustration: Uttam Ghosh/Rediff.com Equity mutual funds (MFs) saw net investor inflow of Rs 20,308 crore in November, despite weakness in the stock market. This is the second time after August that equity schemes got monthly inflow in excess of Rs 20,000 crore. The average inflow for the previous four months was Rs 18,900 crore.   With this, total inflow for the year is Rs 1.36 lakh crore, highest yet in a ...
 Rediff.com4 days ago
Rediff.com

The ghost of colonial loot is coming back to haunt Britain

'It is clear that Britain is a country with a limited future,' says Rajeev Srinivasan.Illustration: Uttam Ghosh/Rediff.com I made a quick trip to Britain, on a sad errand: A death in the family of an uncle, and I thought it was important for me to be there to show my personal support, as they have stood by me in my own troubled times, for decades. Even though we were engrossed in the family's grief, the patriarch and I spoke about politics, as we often do, and it was probably a good thing for ...
 Rediff.com1 week ago
Rediff.com

'Modi made rich richer, poor poorer'

'People are angry.''First notebandi, then GST, now losses on the farm have ruined us.' Illustration: Uttam Ghosh/Rediff.com In the first part of this India Spend feature, Alison Saldhana/India Spend spoke to small business owners near Mumbai to understand how demonetisation has affected their trade a year after Prime Minister Narendra D Modi outlawed Rs 500 and Rs 1,000 currency notes. In this concluding segment of the feature, she discovers that Modi's appeal to this constituency remains ...
 Rediff.com3 weeks ago
Rediff.com

When you can't access your spouse's bank account

How can you access the bank account of an incapacitated person?Tinesh Bhasin lets us know.Illustration: Uttam Ghosh/Rediff.com Recently, the Bombay high court allowed a woman to operate the bank account of her husband who was in a coma. As there is no legal provision in banking to deal with such a situation, the wife had no option but to approach the judiciary to be appointed her husband's guardian. Anyone can face a similar situation where the breadwinner is comatose, incapacitated, bedridden ...
 Rediff.com4 weeks ago
Rediff.com

Minimum Government, did you say? :)

'We are moving away from the Modi promise of less government,' says T N Ninan.Illustration: Uttam Ghosh/Rediff.com What has received less attention is the sub-text of the announcement, pointing as it does to bigger government -- a trend that is already evident in other spheres. Basically, we are moving away from the Modi promise of less government.   The manner in which the banks are to be recapitalised will mean a government outlay (most of it from borrowed funds) of over Rs 1.5 lakh ...
 Rediff.com1 month ago
Rediff.com

Monkey Business

Man loses Rs 1.5 lakh from under his pillow.Geetanjali Krishna reveals what happens next.Illustration: Uttam Ghosh/Rediff.com The other day, I heard the strangest story from Kamini. Last week, her husband, who is overseeing the construction of their house in Odisha's Sambalpur, had Rs 1.5 lakh stolen from under his pillow. "The money was hard earned," said she tearfully. "It will take us another year to save so much again; further, this loss will delay the completion of the house," she said.
 Rediff.com1 month ago
Rediff.com

A Maharashtra village's cashless dream goes bust

The government started promoting cashless transactions but forgot that it needs infrastructure. Illustration: Uttam Ghosh/Rediff.com Dhasai, Maharashtra’s first and only cashless village, no longer lives up to its name. Residents of Dhasai don’t pull out their cards to swipe it on electronic data capture (EDC) machine anymore. Most transactions are now in cash. The convenience of using cash is partly the reason why people have given up on electronic payments. The lack of requisite ...
 Rediff.com2 months ago
Rediff.com

Govt wants rate cuts to revive growth

Lower interest rates needed to boost manufacturing, officials say.Arup Roychoudhury reports.Illustration: Uttam Ghosh/Rediff.com "There is scope for monetary easing because of inflation projections. Inflation last month picked up, but our analysis has taken that into consideration. We had based it on a mid-term inflation of 4 per cent," said a senior official when asked what the Centre thought of another rate cut. The next meeting of the MPC is on October 3-4. The MPC has cut rates only once ...
 Rediff.com2 months ago
Rediff.com

In India, 5G network won't be a reality soon

Delay due to rise in operating cost of telcos, late adoption of 4G network Illustration: Uttam Ghosh/Rediff.com The country needs more time to launch fifth generation technology (5G) in its telecom network, said Aruna Sundararajan, head of the Telecom Commission and secretary to the department of telecommunications. According to Sundararajan, the country first needs to complete its transition from 3G to 4G network and only then move towards further upgradation.   "First, India needs to ...
 Rediff.com2 months ago
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